Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...

US GDP shrinks by -0.3% in Q1 2025, driven by import surges and trade policies. Click for a close look at the data, including ...

A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...

White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead of expected tariffs coming into effect skewed the GDP growth number for ...

Gross domestic product decreased at a 0.3 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said.

The US economy faced a contraction in the first quarter. Businesses imported goods to avoid higher costs. This offset ...

US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth ...

The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as ...

The US economy unexpectedly contracted by 0.3% in the first quarter of 2025, falling short of expectations. This downturn is ...

The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...

Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts, as the import taxes ...